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MMP Industries Ltd. (IN:MMP)
:MMP
India Market
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MMP Industries Ltd. (MMP) AI Stock Analysis

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IN:MMP

MMP Industries Ltd.

(MMP)

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Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
₹291.00
▲(7.00% Upside)
Action:Reiterated
Date:05/05/26
The score is driven primarily by solid financial performance with clear cash-flow and leverage risks. Technicals are supportive with price above key moving averages and positive MACD, while valuation is reasonable but not strongly compelling due to the low dividend yield.
Positive Factors
Sustained revenue growth trend
Consistent multi-year revenue expansion indicates durable demand for MMP's products and expanding market penetration. Over 2-6 months this supports scale advantages, clearer sales visibility and a stronger base for reinvestment in capacity or product development, reducing execution risk.
Negative Factors
Rising leverage trend
Increasing debt relative to equity reduces financial flexibility and raises interest exposure, which is a durable risk if cash generation weakens or rates rise. Higher leverage can constrain strategic choices, increase refinancing needs, and amplify downside in an industry downturn.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained revenue growth trend
Consistent multi-year revenue expansion indicates durable demand for MMP's products and expanding market penetration. Over 2-6 months this supports scale advantages, clearer sales visibility and a stronger base for reinvestment in capacity or product development, reducing execution risk.
Read all positive factors

MMP Industries Ltd. (MMP) vs. iShares MSCI India ETF (INDA)

MMP Industries Ltd. Business Overview & Revenue Model

Company Description
MMP Industries Limited manufactures and sells aluminum products in India. It operates through Aluminium Powder and Pastes, Aluminium Conductor, and Others segments. The company offers pyro, flake, and atomized aluminum powders primarily for use in...
How the Company Makes Money
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MMP Industries Ltd. Financial Statement Overview

Summary
Strong revenue growth and stable profitability support the score, but weakening EBIT margin, rising leverage, and a notable drop in operating/free cash flow reduce quality and increase risk.
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue7.20B6.92B5.78B5.38B4.48B2.31B
Gross Profit1.37B1.03B503.07M811.86M824.01M540.96M
EBITDA611.48M648.73M475.61M358.51M424.04M270.47M
Net Income221.32M388.75M316.40M213.21M289.86M174.48M
Balance Sheet
Total Assets0.005.49B4.35B3.58B3.35B2.72B
Cash, Cash Equivalents and Short-Term Investments109.81M109.81M3.72M20.45M2.29M50.56M
Total Debt0.001.56B932.24M575.63M521.50M295.05M
Total Liabilities-3.23B2.26B1.46B1.01B971.71M626.96M
Stockholders Equity3.23B3.23B2.89B2.57B2.38B2.09B
Cash Flow
Free Cash Flow0.00-495.33M-8.89M23.36M-309.60M-264.44M
Operating Cash Flow0.0024.91M427.50M328.33M189.64M114.70M
Investing Cash Flow0.00-511.31M-417.35M-238.40M-194.88M-269.88M
Financing Cash Flow0.0047.63M-26.74M-71.86M3.59M-14.25M

MMP Industries Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price271.95
Price Trends
50DMA
243.57
Positive
100DMA
247.57
Positive
200DMA
257.46
Positive
Market Momentum
MACD
10.85
Positive
RSI
61.69
Neutral
STOCH
44.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MMP, the sentiment is Positive. The current price of 271.95 is above the 20-day moving average (MA) of 271.15, above the 50-day MA of 243.57, and above the 200-day MA of 257.46, indicating a bullish trend. The MACD of 10.85 indicates Positive momentum. The RSI at 61.69 is Neutral, neither overbought nor oversold. The STOCH value of 44.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MMP.

MMP Industries Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
₹738.69B12.233.62%6.29%10.05%
68
Neutral
₹7.31B14.020.78%26.80%-37.20%
66
Neutral
₹8.37B77.24-0.21%-18.99%
64
Neutral
₹1.59B15.6612.97%27.11%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
₹956.31M56.65-26.75%-6.16%
54
Neutral
₹2.19B18.900.28%10.76%24.60%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:MMP
MMP Industries Ltd.
284.53
22.25
8.48%
IN:CENTEXT
Century Extrusions Ltd
20.12
1.23
6.51%
IN:GOYALALUM
Goyal Aluminiums Limited
6.70
-1.66
-19.86%
IN:MAANALU
Maan Aluminium Limited
141.15
36.96
35.47%
IN:MANAKALUCO
Manaksia Aluminium Company Ltd
34.10
7.50
28.20%
IN:NATIONALUM
National Aluminium Co. Ltd.
406.35
229.39
129.63%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 05, 2026